Elon Musk's experience with X (formerly Twitter) might provide a glimpse into how he plans to address what he refers to as “insanely dumb spending” of U.S. taxpayer dollars. Musk acquired Twitter in 2022 for $44 billion and quickly made significant workforce reductions, downsizing from around 8,000 employees to roughly 1,500 by 2023, as he revealed to the BBC.
Since then, X has encountered a series of operational challenges. The platform has experienced intermittent functionality issues, faced scrutiny over content moderation, and dealt with high-profile disputes with advertisers, resulting in a significant devaluation of its worth. Additionally, X faces rising competition from emerging platforms like Bluesky and Meta's Threads.
Despite these hurdles, X continues to operate, and if Musk’s ultimate objective was political influence, his new governmental role certainly signals a major victory. The American public may have accepted Musk's cost-cutting approach in the realm of social media; however, it remains to be seen if similar methods will be embraced when applied to essential government services.
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